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Tuesday, October 15, 2019

Tag: Boeing

Boeing CEO to testify before Congress about grounded 737 MAX

Planes were involved in fatal crashes that killed 346 in Indonesia and Ethiopia.

Zimbabwe’s central bank paid US$51 million to Malaysia Airlines without govt...

The country's Public Accounts Committee says the payment was made for three planes that never got to take off.

Nahas 737 MAX: Boeing tawar pampasan RM208 juta

Ahli keluarga tidak perlu melepaskan hak untuk memfailkan kes. Tuntutan mesti ditandatangani tidak lewat 31 Disember, kata pengendali dana nahas.

Indonesia to publish final report on Lion Air crash in November

The parties have 60 days to respond to the final draft before being published.

Ethiopian crash victims want 737 MAX documents from Boeing, FAA

Nearly 100 lawsuits have been filed against Boeing by at least a dozen law firms representing families of the Ethiopian Airlines crash victims.

UAE regulator not optimistic on Boeing 737 MAX return this year

UAE’s GCAA will conduct its own assessment to allow the MAX to return to the country's airspace.

Families press for memorial at Ethiopian Airlines crash site

A relative of a victim says out of respect to the dead, the crash site should be treated as a graveyard.

American pulls 737 MAX flights through early December, still sees approval...

Despite having to extend flight cancellations into early December American Airlines is still confident the 737 Max will be cleared to fly this year.

Russian company sues Boeing, cancels 737 MAX order

This is the first civil action brought by a customer against the US aerospace giant over the 737 MAX.

FAA seeks airline pilots to test grounded Max software

The flight crews are part of the testing process underway by US regulators before Boeing 737 Max planes can be returned to service after two crashes.

Pentagon axes troubled US$1 bil contract for missile defence

The US undersecretary of defence for research and engineering says ending the program was the responsible thing to do. 

Boeing CEO still expects 737 MAX to be cleared to fly...

Boeing has been working closely with the FAA and other bodies on a software fix to address a problem with a flight handling system tied to both the Lion Air and Ethiopian Airlines crashes.

For Airbus, capitalising on Boeing’s woes is challenging

Experts say Airbus faces production constraints that likely limit its ability to grab more market share.

Is Boeing too big to fail?

Boeing is an integral part of the US economy employing over 150,000 people around the world, the vast majority of them in America.

Boeing to sell US$5.5 bil of bonds for Brazil Embraer joint...

Boeing is selling senior unsecured bonds in six parts, the longest portion of the offering, a 40-year security, will yield 1.4 percentage points more than Treasuries.

US crash investigators to issue recommendations on 737 Max certification

Details of what the safety board will call for in the package have not been revealed.

Boeing reports US$2.9 bil loss in 2Q, biggest quarterly loss ever

Revenues tumble 35.1% to US$15.8 billion, reflecting the hit from a halt to deliveries of the 737 MAX, a top-selling plane.

Boeing has friends in high places thanks to its crash czar

Facing government enquiries over two crashes involving it 737 Max aircraft, Boeing is seeing faces familiar to the plane manufacturer.

Man who lost family in plane crash to testify in Congress

Paul Njoroge has not been able to work since the crash and getting justice for his family is the only thing that gets him up in the morning.

Boeing 737 Max chief to retire amid executive shuffle

Boeing's 737 programme chief Eric Lindblad's exit triggers a leadership shuffle for another high-profile project: a proposed midrange jetliner.

Ryanair sees risk to 2020 growth if 737 MAX grounded beyond...

Ryanair's CEO warns of the impact the prolonged grounding of Boeing Co's 737 MAX could make on the airline's growth plans.

Boeing falls behind Airbus in deliveries as 737 MAX crisis bites

Airbus is on track to overtake Boeing in commercial plane deliveries for 2019 after outpacing its US rival at mid-year following the 737 MAX grounding.

Saudi airline Flyadeal drops 737 Max purchase

Flyadeal will operate an entirely Airbus SE fleet taking as many as 50 A320neo-family planes from Boeing’s European rival.

Embattled Boeing to give US$100 mil to 737 MAX crash victims’...

Boeing, under scrutiny after two crashes that claimed 346 lives, announces it would give US$100 million to communities and families affected by the 737 MAX disasters.